The Postal Service plans to temporarily increase some package product prices in the fall.
USPS has notified the Postal Regulatory Commission of plans to temporarily increase some package product prices for the peak holiday season.
If approved by the commission, the increases will affect Priority Mail, Priority Mail Express, First-Class Package Service, Parcel Select, USPS Retail Ground and Parcel Return Service.
International products won’t be affected.
The temporary price bump would go into effect Oct. 3 and remain in place until Dec. 26.
Delivering for America, the Postal Service’s 10-year plan for achieving financial sustainability, calls for appropriate pricing initiatives.
The seasonal adjustment will bring prices for the organization’s commercial and retail customers in line with competitive practices and aims to provide USPS with the revenue to cover extra costs should holiday volume surge as it did in 2020.
Here’s a list of the planned increases:
• Priority Mail, Priority Mail Express, Parcel Select Ground and USPS Retail Ground: 75-cent increase for Priority Mail and Priority Mail Flat Rate Boxes and envelopes; 25-cent increase for Zones 1-4, 0-10 lbs.; 75-cent increase for Zones 5-9, 0-10 lbs.; $1.50 increase for Zones 1-4, 11-20 lbs.; $3 increase for Zones 5-9, 11-20 lbs.; $2.50 increase for Zones 1-4, 21-70 lbs.; $5 increase for Zones 5-9, 21-70 lbs.
• First-Class Package Service Commercial: Starts at $3.01 (current), 30 cents (planned increase)
• First-Class Package Service Retail: Starts at $4 (current), 30 cents (planned increase)
• Parcel Select Lightweight (Destination Sectional Center Facility and Select Destination Network Distribution Center): Starts at $2.55 (current), $1 (planned increase)
• Parcel Select Destination Sectional Center Facility: Starts at $4.84 (current), $1 (planned increase)
• Parcel Select Destination Network Distribution Center: Starts at $6.85 (current), $1 (planned increase)
• Parcel Return Service: Starts at $3.21 (current), $1 (planned increase)
The Postal Explorer website has a full list of commercial and retail pricing.
USPS News Release – August 10, 2021
Source: USPS